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Ireland: Is property register pulling down prices?

Posted on 11 October 2012

It’s more than a week since the Residential Property Price Register entered our lives and what else have we learned? That they’re slow to update it, for one thing: properties are listed only up to September 28th.
That said, 111 new homes have come on stream since it launched; that covers the period between September 24th and 29th. The most expensive sale recorded was 9 Seamount Abbey in Malahide, Dublin, a new four-bed that sold for €765,066. A quick track back through the register shows that similar houses in this estate of new homes sold for €700,000 in April and for €685,000 in September of last year………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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